India, Sept. 9 -- The Government of India issued the following news release:
The Next-generations GST reforms under the transformatory leadership of Prime Minister, Shri Narendra Modi represent a strategic, principled and citizen-centric evolution of India's landmark tax framework.
The GST reforms approved by the 56th GST Council Meeting will support the growth of various sectors including India's rapidly growing drone ecosystem.
Earlier, the GST rate was 18% for drones with integrated cameras and 28% for drones classified for personal use. Under the new reforms, a uniform GST of 5% has been introduced for all drones, regardless of whether the camera is integrated or separate and irrespective of whether they are used for commercial or pe...